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THE FUTURE OF Finance

THE FUTURE OF Finance

As COVID-19 Spreads, Cashless Payments Increase for Some

Fears of spreading the coronavirus have discouraged cash transactions and increased the number of card and online payments. But cashless transactions aren’t germ-proof, and for many poor families, cash is all they have.

By Michael Williams, Times Union  |  June 3, k彩平台
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THE FUTURE OF Finance

Body Cams: A Last-Minute Add to Anne Arundel County Budget

Maryland’s county officials want to add body cameras to the next proposed budget, hoping to provide transparency and accountability in the wake of George Floyd’s death. The cameras will add $4 million to the budget.

By Olivia Sanchez, The Capital  |  June 2, k彩平台
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THE FUTURE OF Finance

Pittsburgh Transit Receives $100M Grant, Notified in a Tweet

The Pittsburgh Port Authority was notified of the award through a tweet from President Trump and accompanying news release. But, officials delayed celebration until confirming the money was actually for them.

By Ed Blazina, Pittsburgh Post-Gazette  |  June 1, k彩平台
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THE FUTURE OF Finance

Pandemic Will Mean a Worse Retirement for Millions of Workers

In a typical recession, not many older workers lose their jobs. That's not the case this time. They face not only unemployment but the prospect of poverty, with pressures on 401(k)s and other retirement accounts.

By Alan Greenblatt, Senior Staff Writer  |  June 1, k彩平台
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THE FUTURE OF Finance

Houston Transit Could Take Years to Recover from COVID-19

Houston transit officials predict that the city could experience a $102 million loss from a drop in sales tax revenue. Even though the state began reopening in early May, bus and train use has remained at less than half.

By Dug Begley, Houston Chronicle  |  May 28, k彩平台
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THE FUTURE OF Finance

3 Arguments for Federal Aid to State and Local Governments

Without funding to offset plunging revenues and exploding health-care spending, the downturn will be deeper and recovery will take longer. Now is the time for state and local leaders to make their case.

By Raymond Scheppach, former National Governors Association Executive Director  |  May 28, k彩平台
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THE FUTURE OF Finance

Miami Prepares for $19M Shortfall, Stops Hiring and Repairs

Miami, Fla., will undergo a citywide hiring freeze and will postpone stadium repairs in anticipation of the budget shortfall created by the COVID-19 crisis. The city hopes the budget cuts are enough to avoid furloughs.

By Joey Flechas, Miami Herald  |  May 27, k彩平台
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THE FUTURE OF Finance

Texas Governor Criticized Over $295M Contact Tracing Deal

Gov. Abbott awarded a multimillion-dollar contract to a little-known technology company without much legislative oversight. Legislators on both sides are concerned about transparency and citizen protection.

By Jay Root and Jeremy Blackman, Houston Chronicle  |  May 26, k彩平台
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THE FUTURE OF Finance

It’s Not Just About Digital: Take In-Person Payments at a Safe Distance

How safe is it to make payments at your local government office during the pandemic? Offices can limit cards, cash and checks from changing hands—and help slow the spread of COVID-19—by taking these steps.

By Forte Payment Systems, a CSG k彩平台  |  May 26, k彩平台
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THE FUTURE OF Finance

States and Cities Continue Plunge into Financial Black Hole

States face revenue shortfalls exceeding 20 percent. Cities and counties have furloughed hundreds of thousands of workers. Already, public employment has fallen more than during the Great Recession.

By Alan Greenblatt, Senior Staff Writer  |  May 26, k彩平台
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THE FUTURE OF Finance

How State Bond Banks Could Supercharge Fiscal Federalism

With an expanded role, they could serve as an efficient conduit between local governments of all sizes and federal financial resources for revenue shortfalls and infrastructure.

By Girard Miller, Finance Columnist  |  May 26, k彩平台
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